Consumption

High Tech Computer (HTC) Corporation, a Taiwanese consumer electronics firm based in the New Taipei City, recently unveiled a new entry-level blockchain-based smartphone dubbed the HTC Exodus 1S that is basically targeting digital currency users and investors.

Blockchain technology is a watershed of trust in Italy not only from the available data but also from the increasing sensitivity towards the certification of the goods and services, and this has led to the surfacing of robust consumer attention.

There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.

Italy has invested heavily in the field of technological innovation such as blockchain technology, smart contracts, artificial intelligence (AI), internet of things (IoT) and others. Different possible application features of blockchain and its huge potential for protection, elevation and promotion for Made in Italy products both abroad and inside the country. The themes of the conference 'Blockchain: guarantees for the consumer and the made in Italy’ happened in Rome, at the Luiss Business School. The technology aims at shielding the project.

Iberdrola - the Spanish public multinational electric utility major, has accomplished a project which will largely chip into speeding up the decarbonisation process by using blockchain to ensure that the energy supplied to the user is 100 percent renewable. The first test to ensure the renewable source of the energy supplied was carried out with the financial entity Kutxabank, who were able to trace the actual time that it takes a process to occur, and the source of the power supplied by Iberdrola from the generation point up to the place of consumption.

News of Bitcoin’s decline turned out to be positive for one particular group of people. Anti-crypto activists, who promote conservation of healthy environmental conditions, are glad to know that Bitcoin is becoming worthless and will soon disappear.

Fraudulent Facebook Crypto Ads have scammed users out of thousands and ruined lives. The English millionaire - who made his dollars off consumer advice - Martin Lewis has started suing Facebook in court over these Ads selling off his highly trusted name. He revealed he has been told incidences of people's savings being entirely rubbed from their lives and leaving others in despair.